The North Shore real estate market in 2020 started slow due to the pandemic, but then rebounded and had a very strong year. As compared to 2019, the number of detached single-family home sales went up by 25%, median prices went up 8%, and market times stayed the same. This broke the pattern of sideways movement that we had seen since 2015. These strong numbers were not the case across all of Continue Reading

Given the record-breaking number of homes that went under contract in the North Shore this summer, I strongly suspected we would also have a record-breaking number of closed sales in the 3rd quarter, and in fact we did. The number of North Shore home sales in the 3rd quarter of 2020 was up an amazing 45% from the 3rd quarter of 2019. Market time was up 24%, and median prices were up 8%. North Continue Reading

After a strong first quarter, the North Shore real estate market went down sharply in the 2nd quarter and ended up with an 8% drop in sales for the first half of 2020. Median prices were unchanged, and market time was up 16% as compared to the first half of 2019.  Home sales in March and April were down dramatically due to covid-19 and led to the weak 1st half numbers. However, Continue Reading

Our market report reflects closed sales for the 1st quarter of 2020. These sales were not significantly impacted by covid-19 and the quarantine as the vast majority of these these properties were under contract prior to March and closings have generally been going through as scheduled. We saw a slow down in sales activity in March, which will be reflected in closings for the 2nd quarter of 2020. Continue Reading

The North Shore real estate market in 2018 continued its pattern of stable, sideways movement. The number of single family home sales dropped by 5%, median prices increased by 2% and market times were up 3%. Since 2015 our market has been very stable with small price increases and the number of sales fluctuating up and down slightly. Here are the statistics for Continue Reading

The North Shore real estate market in the first half of 2018 has been steady.  Median prices of North Shore single family homes are up 1% for the first half of 2018, and the number of home closings is down 4% compared to last year.  Market time has decreased by 4 days and inventory has been level. These numbers show a good, steady North Shore market. Individual suburbs varied in their Continue Reading

The word to describe the 2017 North Shore real estate market is Stable. Prices, market times and the number of sales all stayed very consistent with 2016 statistics. In fact, we have had 3 years in a row of a market that has moved more or less sideways. The median price of North Shore homes had no change. The number of home sales increased by 3%, and market time went up 5%. Here are the 2017 Continue Reading

The real estate market in 2017 has been strong.  Prices of North Shore single family homes are up 2% for the first half of 2016, and the number of home closings is up 9%.  Market time has increased by 3 days and inventory has been steady. Here are the first half statistics.      Number of Homes Sales   Average Market Continue Reading